Mon.Jan 22, 2024

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What Can Investors Expect From Alibaba in 2024?

The Motley Fool

2023 was a year of change for Alibaba (NYSE: BABA). The company announced plans to split up its massive business empire, reshuffled its management team, and brought in a new CEO to lead the company. With so much going on at the company, it's crucial that investors understand Alibaba's most important focus areas in 2024. Repositioning its e-commerce business for the future Alibaba's crown jewel, the e-commerce segment led by Taobao and Tmall, has faced enormous challenges lately.

Investors 264
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Gryphon-backed Kano acquires Super Lube and Synco brands

PE Hub

Nashville-based Kano is a producer of penetrating oils and lubricants for industrial maintenance, repair, and operations, and professional specialty trade markets. The post Gryphon-backed Kano acquires Super Lube and Synco brands appeared first on PE Hub.

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Trending Sources

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Fisker Stock Exploded Today. Is It Time to Buy?

The Motley Fool

Shareholders of electric-vehicle (EV) maker Fisker (NYSE: FSR) haven't had much to smile about in recent months. The company has experienced numerous headwinds since it began producing and delivering its first vehicle, the fully electric Ocean SUV. The company has changed its sales and distribution model due to high costs and delivery issues from its contractor's manufacturing facility in Europe.

Debt 246
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Fengate Private Equity snaps up Saco Foods from Benford Capital

PE Hub

Fengate is partnering in the deal with Weathervane Investment Corp and is managing the investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada. The post Fengate Private Equity snaps up Saco Foods from Benford Capital appeared first on PE Hub.

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1 Simple Strategy to Retire a Millionaire Using Vanguard ETFs

The Motley Fool

Financial freedom and a comfortable retirement don't have to be a pipe dream. By following a few simple steps, you can easily build a million-dollar stock portfolio capable of delivering a six-figure passive income stream. How? One of the most important factors is time. The earlier you start investing, the more time you have to grow your money and benefit from the power of compounding.

Taxes 246
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Blackstone invests in engineering and technical services firm Salas O’Brien

PE Hub

Salas O’Brien will continue to be majority owned by its team members. The post Blackstone invests in engineering and technical services firm Salas O’Brien appeared first on PE Hub.

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Kohlberg & Co-backed Myers EPS buys Storage Power Solutions

PE Hub

Storage Power Solutions is a Whitby, Ontario-based provider of battery energy storage systems serving the commercial and industrial, utility and EPC end-markets. The post Kohlberg & Co-backed Myers EPS buys Storage Power Solutions appeared first on PE Hub.

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Is Your Small Business Ready for This New Federal Reporting Requirement in 2024?

The Motley Fool

Image source: Getty Images Small business owners have to deal with a few different types of legal compliance and document filing requirements throughout the year. But along with forming an LLC, filing annual reports for a corporation, or filing business tax returns, now there's a new one called "BOI." Have you heard about BOI reporting for small businesses?

Legal 246
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TA Associates bets on software for community banks; plus an exclusive look at Paul Hastings’ IPO report

PE Hub

TA Associates invests in Computer Services Inc. The post TA Associates bets on software for community banks; plus an exclusive look at Paul Hastings’ IPO report appeared first on PE Hub.

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Where Will Ford Stock Be in Five Years?

The Motley Fool

With shares down by 22% over the last ten years, Ford Motor (NYSE: F) stock has been a colossal time waster for most shareholders, who would have been better off putting their money in a savings account. The legacy automaker stagnated at a time when rivals like Tesla (NASDAQ: TSLA) turned their early investors into millionaires. Now Ford is trying to reinvent itself by betting on electric vehicles (EVs), a technology platform expected to become the future of the automotive industry.

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Pelican Energy Partners acquires manufacturer Stewart Tubular Products

PE Hub

The seller was Aterian Investment Partners. The post Pelican Energy Partners acquires manufacturer Stewart Tubular Products appeared first on PE Hub.

Investing 204
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Will Delta Air Lines Stock Take Flight in 2024?

The Motley Fool

Earnings season is upon us once again. One of the first stocks to report every quarter is Delta Air Lines (NYSE: DAL) , one of the largest airlines in the world. Generating tens of billions in revenue across the globe, Delta Air's financial health gives investors a great read on the travel industry and the general health of consumer spending. This quarter, investors are looking pessimistically at Delta Air stock.

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Solace Capital-backed Sun Mountain Sports recruits Knudson as president and chief brand officer

PE Hub

In this role, Knudson will lead global commercial strategy focused on driving sales, marketing, and product innovation. The post Solace Capital-backed Sun Mountain Sports recruits Knudson as president and chief brand officer appeared first on PE Hub.

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Will Tesla's Profits Keep Falling in 2024?

The Motley Fool

Tesla (NASDAQ: TSLA) was a big winner last year as the stock doubled as part of the broader boom in artificial intelligence (AI) stocks. In 2024, however, Tesla stock has gotten off on the wrong foot. The stock is down 15% on various negative news items, including price cuts in Europe and China; a decision by Hertz to sell 20,000 electric vehicles, primarily Teslas, in a reversal of an earlier strategy to embrace EVs; and recent antics from CEO Elon Musk calling for 25% voting power and threaten

Taxes 246
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TA Associates’ El-Nazer: ‘Community banks are actually quite healthy’

PE Hub

TA recently joined Centerbridge and Bridgeport as backers of Computer Services Inc, a developer of software for community banks. The post TA Associates’ El-Nazer: ‘Community banks are actually quite healthy’ appeared first on PE Hub.

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The Most Important Social Security Table You'll Ever See

The Motley Fool

In an ideal world, you'll reach retirement with a decent chunk of money saved up. In reality, though, you may not have as much savings as you'd like, making you more reliant on Social Security to cover your senior living costs. Social Security pays the average recipient $1,907 a month today. But your monthly benefit may end up looking different. That's because that benefit will hinge on your personal wage history -- specifically, the amount of money you made during your 35 most profitable years

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Yukon backs Sentinel’s MPG acquisition

PE Hub

Dorsey & Whitney LLP provided legal counsel to Yukon. The post Yukon backs Sentinel’s MPG acquisition appeared first on PE Hub.

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3 Electric-Vehicle (EV) Stocks With 122% to 164% Upside in 2024, According to Select Wall Street Analysts

The Motley Fool

Last year gave investors plenty of reason to smile. When the clock struck midnight, the benchmark S&P 500 and growth-focused Nasdaq Composite had powered higher by 24% and 43%, respectively. While the Dow Jones Industrial Average didn't deliver the same jaw-dropping gains, it did manage to notch a record high during the year, which is more than can be said for the S&P 500 and Nasdaq Composite.

Banks 246
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Capstreet-backed APG appoints Farnsworth as CRO

PE Hub

Houston-based APG is a provider of industrial products. The post Capstreet-backed APG appoints Farnsworth as CRO appeared first on PE Hub.

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1 Dividend Stock Down 43% to Buy Hand Over Fist in 2024 for Passive Income Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian has identified one beaten-down dividend stock that could make an excellent purchase for passive income investors. (NYSE: NKE) *Stock prices used were the afternoon prices of Jan. 20, 2024. The video was published on Jan. 22, 2024. Should you invest $1,000 in Nike right now? Before you buy stock in Nike, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nike wasn’t

Investors 246
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PE-backed RoadSafe scoops up traffic control services firm B.C. Cannon

PE Hub

RoadSafe is a provider of infrastructure services. The post PE-backed RoadSafe scoops up traffic control services firm B.C. Cannon appeared first on PE Hub.

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3 Reasons to Buy Roku Stock in 2024

The Motley Fool

Does streaming giant Roku (NASDAQ: ROKU) finally have its mojo back? On the one hand, the company substantially outperformed the otherwise high-flying broader market in 2023. However, after it rose by more than 60% over the trailing 12 months, some investors might worry that they missed the boat. The good news is that they haven't: There are still excellent reasons to buy Roku's shares this year and hold them for the long haul.

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Houlihan Lokey recruits Hommeyer as managing director for capital markets group

PE Hub

Hommeyer is based in New York. The post Houlihan Lokey recruits Hommeyer as managing director for capital markets group appeared first on PE Hub.

Capital 148
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Where Will PayPal Be in 3 Years?

The Motley Fool

PayPal (NASDAQ: PYPL) has a more than two-decade history as a leader in the digital payment space. This first-mover advantage has brought PayPal global recognition as a trusted and convenient way to move money around. However, the stock has been a huge disappointment. It dropped 14% in 2023, and at recent prices, it's 79% below its peak price from July 2021.

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LLCP taps Kaufman as partner

PE Hub

His appointment is effective January 1, 2024. The post LLCP taps Kaufman as partner appeared first on PE Hub.

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2 AI Stocks to Buy in 2024 and Hold for 20 Years

The Motley Fool

The artificial intelligence (AI) market is booming, but not all AI stocks are worth buying. Like every technological shift, there will be winners and losers. Investors can't go wrong with companies that are profitable and growing revenue, like Snowflake (NYSE: SNOW) and Microsoft (NASDAQ: MSFT). The IDC forecasts spending on generative AI software will grow 73% annually through 2027.

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Sano Genetics Raises $11.4M in Funding

FinSMEs

Sano Genetics, a Cambridge, UK-based provider of a software platform for precision medicine clinical trials, raised $11.4M in funding. The round, which brought the total amount to $22M, was led by Plural. The company intends to use the funds to further automate its processes. Founded by Patrick Short (CEO), Charlotte Guzzo (COO) and William Jones […] The post Sano Genetics Raises $11.4M in Funding appeared first on FinSMEs.

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Where Will Lucid Stock Be in 1 Year?

The Motley Fool

Lucid Group (NASDAQ: LCID) has had a stunningly poor start in 2024 -- with its shares down by a whopping 32% in just two weeks as it faces ongoing operational challenges that show no sign of letting up. Can Lucid recover from its mess, or is it on track for bankruptcy? Let's explore what the future could hold for this embattled penny stock. What is going wrong for Lucid in 2024?

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Talofa Games Raises $6.3M in Seed Funding

FinSMEs

Talofa Games, a San Francisco, CA-based gaming studio developing social fitness games, reportedly raised $6.3M in Seed funding. The round was led by Chamaeleon, with participation from a16z SPEEDRUN, Basis Set Ventures, Insight Partners, and 1Up Ventures, among others. The company intends to use the funds to expand operations and its development efforts.

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3 Underrated Warren Buffett Stocks That Are Smart Buys Right Now

The Motley Fool

While 2023 was a great year for stocks, remember that last year's gains came on the heels of a horrid 2022. So even after the past year's good news, with inflation coming down and unemployment remaining low, many stocks still look undervalued even after strong one-year runs. So where to put new money into your portfolio, IRA, or 401(k) today? Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio is always a good place to look for rock-solid stocks with staying power.

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Artisse AI Raises $6.7M in Seed Funding

FinSMEs

Artisse AI, a Hong Kong-based company which specializes in human-centric AI image technology, raised $6.7M in Seed funding. The round was led by The London Fund. The company intends to use the funds to further accelerate the business. Led by CEO William Wu, Artisse is a company providing AI and blockchain technologies for industries, which […] The post Artisse AI Raises $6.7M in Seed Funding appeared first on FinSMEs.

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Disney Gets Ready to Fight a Battle It Can't Afford to Lose

The Motley Fool

The battleground is starting to become clear heading into Walt Disney 's (NYSE: DIS) annual shareholder meeting in a couple of months. Two of the activist shareholders that were challenging Disney are offering up candidates to shake up the entertainment giant's board of directors. Disney is naturally only endorsing its own slate of a dozen directors.

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Bain Capital Credit closes latest fund at more than $1bn

Private Equity Wire

Bain Capital Credit, the firm’s global credit business with $45bn in AUM, has closed its latest debt vehicle, Bain Capital Middle Market Credit 2022 (MMC 22), with commitments totalling more than $1bn, according to the Wall Street Journal. MMC 22, Bain Capital Credit’s fourth fund in its private credit strategy, is intended to provide flexible, junior debt to middle market companies with EBITDA between $25m to $75m, located across the US, Europe, Australia and New Zealand.

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Can Uber Stock Reach $100 in 2024?

The Motley Fool

The stock market's impressive performance last year propelled some companies to new heights. Just look at Uber (NYSE: UBER). This gig-economy stock has more than doubled in the last 12 months, and it recently hit a fresh all-time high. It's clear that investor sentiment around the ride-sharing service is soaring. But could shares of this transportation -as-a-service business rise about 50% between now and the end of the year to reach $100?

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